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Men, Millennials more likely to take pay cuts to telework

Sunday - 9/11/2011, 11:51pm EDT

Twelve percent of men said they are willing to take a 10 percent cut in pay (or more) if it means being able to telework, according to a new survey from Mom Corps. Only six percent of women surveyed said they would be willing to do the same.

Younger workers also are more willing to give up more of their salaries for the ability to telework. 15 percent of 18 to 34-year-olds said they would cut their pay by more than 10 percent to telework. Only five percent of those 35 and older said the same.

"The way a majority of corporate America works no longer aligns with the way U.S. families conduct their daily lives," said Allison O'Kelly, founder and CEO of Mom Corps. "Participating in some form of flexible work option allows employees to regain a modicum of work/life balance, and successful companies know that this also can yield a significant return on investment for them."

62 percent of respondents said this kind of flexibility is one of the most important factors when choosing a job. And almost 80 percent of working parents see it as a reason to stay with a company longer.

1,071 working adults were interviewed online for the Mom Corps survey from July 27-29. Working adults were defined as those over 18 that work full or part time.